1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
satela [25.4K]
2 years ago
10

The three main methods that can be used to achieve the efficient use of a common resource are:___________.

Business
1 answer:
Simora [160]2 years ago
5 0

Answer:

Option A:property rights, production quotas, and ITQs

Explanation:

A Common Resources is known simply as a resource for which rights are held in common by a group of individuals who has no exclusive ownership right. With common resources, property rights are not well-defined and are non-exclusive. In a common resource, an individual has the right to use the resource, but not to change its form or transfer it to other individuals. The policies that helps to improve efficiency include: production quotas, individual transferable quotas and property right.

Production quotas is simply an upper limit to the quantity of a good that may be produced legally.

An individual transferable quota is a production limit that is given to an individual who is free to transfer the quota to another person.

By the assignment of property rights, common property becomes private property.

You might be interested in
According to the law of comparative advantage, what should be the distinguishing characteristics of the goods a nation imports?
aliina [53]

Answer:

The correct answer is option C.

Explanation:

The law of comparative advantage states that a country will produce and export the commodity it has a comparative advantage in producing.  

In other words, if the country can produce good cheaply or at a lower opportunity cost.  

The good that cannot be produced cheaply or has a higher opportunity cost will be imported from the country that produces it cheaply.

6 0
2 years ago
During August, the Filtering Department of Speedwell, Inc. Had a beginning Work-IN Process Inventory balance of 160 units with c
Veseljchak [2.6K]

Answer: 320 units

Explanation:

The equivalent units of production for transferred in units in the Filtering Department in August under the first-in, first-out (FIFO) method goes thus:

Total units completed= 160 units + 290 units = 450 units

Beginning WIP = 160 units

Ending WIP = 30 units

Equivalent units of production:

= 450 + 30 - 160

= 480 - 160

= 320 units

8 0
2 years ago
Dynamic Apps is an organization specializing in highly specialized technology software, but it found that its original business
Vika [28.1K]

Answer:

The correct answer is True.

Explanation:

In the business world, the only good thing we can get out of the times of crisis is that they give you the opportunity to reinvent your company, products or services completely, whether it is to remain competitive or to survive.

The change may come due to crisis situations, the appearance of new competitors, changes in consumer habits or tastes.

6 0
2 years ago
A marketing plan includes a number of factors, including the marketing mix.
oksian1 [2.3K]

Answer: the answer is C

Explanation:

8 0
3 years ago
When revenues equal spending, a budget is considered
Dominik [7]
<span>c. balanced.</span><span>

Upward urban growth will increase pollution as the number of people will increase. The increase in population and obstruction of free movement of air because of upward urban growth will result in a "heat island". Since the number of inhabitants is going to increase with upward urban growth, waste management will also become an issue.</span>
8 0
3 years ago
Other questions:
  • Accounts Payable
    10·1 answer
  • Christie makes changes to her budget at the end of every month. What is her reason for doing this in terms of smart financial pl
    5·2 answers
  • Dionne just learned that her company will be announcing layoffs at the end of the month. She is completely overwhelmed by the ne
    7·1 answer
  • Which doctrine evoked God and nature to rationalize western expansion?
    14·1 answer
  • Discuss why it is important for human resource management systems to be in sync with an organization’s strategy and goals and wi
    11·1 answer
  • Using the following data, prepare a statement of revenues, expenditures, and changes in fund balance for the General Fund of Jas
    10·1 answer
  • The following trial balance was extracted from the books of Kalekeno, a sole trader, at 31st Dec2018:
    14·1 answer
  • True or False When evaluating the choice you made you should never second guess your decision? Pls help
    8·1 answer
  • _____ refers to a contractual, strategic partnership between two or more separate business entities to pursue a business opportu
    14·1 answer
  • jerusalem medical ltd., an israeli producer of portable kidney dialysis units and other medical products, develops a 4-month agg
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!